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Question 8 An individual invests $2,000 in a one year Certificate of Deposit paying interest at a rate of 1.25%. How much will the individual

Question 8

An individual invests $2,000 in a one year Certificate of Deposit paying interest at a rate of 1.25%. How much will the individual have after one year?

A. $2,000

B. $2,250

C. $2,025

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